Authorization for new issue

The General Meeting resolved to authorize the Board of Directors to, until the next Annual General Meeting, on one or more occasions and with or without deviation from the shareholder’s preferential rights, resolve on new issue of shares, warrants and/or convertibles. Payment can be made in cash, issue in kind, by offset or otherwise subject to conditions.

The number of shares issued pursuant to the authorization, as well as those that may be issued through the exercise of options and the conversion of convertible securities issued pursuant to the authorization, may not exceed the number of shares permitted under the Articles of Association.

In the event of a deviation from the shareholders' preferential rights, as well as in the event of payment in kind, the new issue shall be made on market terms with a customary market-based discount on the subscription price, where applicable. If the Board of Directors deems it appropriate in order to facilitate the delivery of shares in connection with a capital raise and/or broadening of the shareholder base, the new shares may be subscribed for by a bank or securities firm at a subscription price corresponding to the quota value, provided that an undertaking exists to contribute to the Company a value corresponding to the difference between a market-based subscription price, less any customary market-based discount, and the quota value of the newly issued shares.

The resolutions in their entirety

The resolutions in their entirety can be found on the Company's website, www.envirosystems.se.